North America Data Center Cooling Market Trend

In 2023 North America Data Center Cooling Market Share is reached to USD 5.90 billion and global market is projected to reach USD 14.95 billion by 2032 and exhibiting a CAGR of 10.9% during the forecast period.

The North America data center cooling market is growing due to increasing data processing demands and energy-efficient cooling innovations. AI-driven climate control, liquid cooling solutions, and smart airflow management are optimizing data center performance. With cloud computing expansion, demand for cooling systems is rising.

This report provides a comprehensive analysis of the North America Data Center Cooling Market, including market size, trends, drivers and constraints, competitive aspects, and prospects for future growth.

Some major companies are leadinng in the North America Data Center Cooling industry such as; Asetek Inc. (Denmark), Daikin Industries, Ltd. (Japan), Danfoss (Denmark), Johnson Controls (Ireland), Madison Air (U.S.), Mitsubishi Electric Corporation (Japan), MODINE MANUFACTURING COMPANY (U.S.), Schneider Electric (France), STULZ GmbH (Germany), Thermal Care (U.S.), Vertiv Group Corp. (U.S.)

The report highlights the segmentation, regional expansion, revenue trends, production, and consumption growth of the North America Data Center Cooling Market. It provides insights into the market size, growth trends, industry dynamics, and future forecasts, outlining key factors shaping the business landscape. Additionally, the study covers upcoming products, joint ventures, strategic developments, mergers and acquisitions, marketing initiatives, revenue generation, trade activities (import/export), CAGR values, and overall industry performance, along with an analysis of competitive challenges within the market.

Overview and Scope of the Report

This report focuses on the global North America Data Center Cooling market, with particular emphasis on North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. It categorizes the market based on manufacturers, regions, types, and applications, offering a comprehensive analysis of the current market landscape. The study includes historical data and future projections of market size in terms of value and volume. Additionally, it examines technological advancements and evaluates macroeconomic and regulatory factors shaping market dynamics.

North America Data Center Cooling Market Size, Share & Industry Analysis, By Data Center Type (Large Scale, Medium Scale, and Small Scale), By Solution (Air Conditioning, Chilling Units, Liquid Cooling, Control Systems, and Others (Pumping Units, Humidifiers, etc.)), By Industry (BFSI, IT and Telecom, Manufacturing, Retail, Healthcare, Energy and Utilities, and Others (Government and Defense, Education, etc.)), and Regional Forecast, 2024 – 2032

Recent Industry developments of the market

  • Daikin expanded its data center cooling offerings owing to the burgeoning growth in data generation. According to industry forecasts, the data center market is expected to grow at 10% annually, with an estimated USD 49 billion investment in new facilities by the decade’s end, driven by AI and cloud computing, boosting demand for advanced cooling solutions.
  • Thermal Works unveiled its advanced waterless cooling system for the rapidly evolving data center industry. This effective modular design aims to renovate traditional data center operations by minimizing energy consumption and eliminating water usage in cooling. The company started delivering its integrated cooling system to clients.
  • Thermal Care announced the update of their chiller product portfolio with EPA-approved low Global Warming Potential (GWP) refrigerants R-513A and R-454B. This proactive step aligned with impending legislation aims at phasing out high-GWP refrigerants linked to climate change. Governments worldwide are implementing regulations to transition away from refrigerants such as R-134a and R-410A, commonly used in chillers, due to their significant contribution to global warming.
  • Johnson Controls unveiled Cooling as a Service (CaaS), a revolutionary capital-free solution that covers the entire cooling lifecycle, from upgrades to ongoing maintenance, transforming the cooling industry.
  • The Modine’s Rockbridge facility (Virginia) announced the commissioning of a cutting-edge 5MW testing laboratory, enhancing the capabilities of Airedale by Modine to cater to the evolving needs of data center customers. This expansion addressed the growing demand within the data center industry for verified, sustainable cooling solutions. The established laboratory is equipped to conduct comprehensive testing of air conditioning equipment, with water-cooled chillers up to 5MW and air-cooled chillers up to 2.1MW.

Why Should You Obtain This Report?

? Statistical Advantage: Access essential historical data and market projections for the North America Data Center Cooling Market, equipping you with key statistics to drive informed decision-making.

? Competitive Landscape Mapping: Explore and evaluate the positions of key market players, offering a comprehensive view of the competitive landscape.

? Insight into Demand Dynamics: Gain in-depth knowledge of demand patterns, revealing market consumption trends and potential growth opportunities.

? Identification of Market Opportunities: Accurately assess market potential, empowering stakeholders to make well-informed strategic decisions.

Purchasing this report provides access to the latest and most reliable data, enhancing your market strategies and ensuring a well-informed position in the dynamic Machinery & Equipment industry. Each report is carefully crafted to deliver essential insights, empowering clients with the critical intelligence needed to thrive in this evolving market.

Regional insights

  • North America: USA, Canada, Mexico, etc.
  • Asia-Pacific: China, Japan, Korea, India, and Southeast Asia
  • The Middle East and Africa: Saudi Arabia, the UAE, Egypt, Turkey, Nigeria, and South Africa
  • Europe: Germany, France, the UK, Russia, and Italy
  • South America: Brazil, Argentina, Columbia, etc.

Detailed TOC

  • Introduction
    • Scope of research
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market drivers
    • Market restrictions
    • Market Opportunities
  • Key Insights
    • Major Industry Developments – Mergers, Acquisitions and Partnerships
    • Porter’s Five Forces Analysis
    • SWOT Analysis
    • Technological Developments
    • Value Chain Analysis

TOC continues…!

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